The 5 stocks with the best and worst performance in the S&P 500 in 2020

The 5 stocks with the best and worst performance in the S&P 500 in 2020
  • Despite a global pandemic and the sharpest economic decline since the Great Depression, many actions have managed to record strong gains in 2020.
  • Technology actions led the way in 2020, with consumers and businesses relying on software products to facilitate work at home, trends in the midst of the pandemic.
  • But energy and travel stocks have taken a beating this year, as requests to stay at home have led to an abrupt drop in travel and demand for oil.
  • From Tesla to PayPal, from Carnaval to Occidental, these are the 5 stocks with the best and worst performance in the S&P 500 in 2020.
  • Visit the Business Insider home page for more stories.

US stocks registered solid returns in 2020, despite a global pandemic and the most pronounced economic decline since the Great Depression.

The S&P 500 had a 16% year-to-date return through Wednesday’s close, with the technology sector leading the market as consumers and businesses adapt to a life of working at home amid requests for stay at home to limit the spread of COVID -19.

But energy and travel stocks have taken a beating this year, as requests to stay at home have led to a sharp drop in travel and demand for oil.

From Tesla to PayPal, from Carnaval to Occidental, these are the 5 stocks with the best and worst performance in the S&P 500 in 2020 at the close of Wednesday.

Read More: Bank of America highlights its 8 main stock options in the expanding real estate sector – including one that expects to rise 54% next year

Best Performers

5. PayPal

Ticker: PYPL

Performance in 2020: 114%

pypl.JPG

4. Nvidia

Ticker: NVDA

Performance in 2020: 123%

nvddd.JPG

3. Global operator

Ticker: CARR

Performance in 2020: 214%

carr.JPG

2. Etsy

Ticker: ETSY

Performance in 2020: 314%

etsy.JPG

1. Tesla

Ticker: TSLA

Performance in 2020: 730%

tsla chart23.JPG

Read More: Ron Baron earned $ 4.2 billion just by investing in Tesla. The legendary investor told us why he still expects a 30-fold return from Elon Musk – and shared the biggest lessons and mistakes of his career.

Worst Performers

5. Marathon Oil Corporation

Ticker: MRO

Performance in 2020: -50%

mro.JPG

4. TechnipFMC

Ticker: FTI

Performance in 2020: -55%

fti.JPG

3. Norwegian Cruise Line Holdings

Ticker: NCLH

Performance in 2020: -56%

nclh.JPG

2. Western oil

Ticker: OXY

Performance in 2020: -57%

oxy.JPG

1. Carnival Corporation

Ticker: CCL

Performance in 2020: -57%

ccl.JPG

Source